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MCB Bank, a unique bank

About us

History of our Bank

Maduro & Curiel’s Bank Group
Our people

ESG (Environmental, Social, & Governance)

History of our Bank

Maduro & Curiel's Bank, The Island's First Commercial Bank.

The port of Curaçao has played a very prominent role since its discovery by the Spaniards at the end of the 15th century. Maduro & Curiel’s Bank emerged as a byproduct of the port business more than a century ago.

On July 10, 1916, Joseph ‘Shon Jojo’ Correa of Correa Hermanos & Co (founded in 1871) wrote a letter to his in-laws of the Maduro family of the firm S.E.L. Maduro & Sons (founded in 1837), suggesting that they jointly start a commercial and monetary exchange bank.

On December 21, 1916, the Governor of Curaçao issued an ordinance approving the establishment of the corporation Maduro’s Bank. The bank was legally established on December 27,1916.

On January 2, 1917, the new locally rooted Bank was opened for business and has been ever since. Maduro’s Bank grew and expanded. It kept pace with the rising tide, but it also had to decrease that speed when things slowed down due to the Great Depression in the late 1920s. Out of that crisis came the merger with the Curiel’s Bank (founded in 1927 by Morris E. Curiel &Sons).

The expansion of the economies not only brought progress in Curaçao, but also to Aruba, St. Maarten and Bonaire, especially in the decade of the sixties. In Aruba, MCB established itself in the early thirties and in 1962 incorporated its subsidiary bank “Caribbean Mercantile Bank N.V.”. This was also the case in St. Maarten in 1960 under the commercial name “The Windward Islands Bank Ltd.” The beautiful and tranquil island of Bonaire saw the incorporation of Maduro & Curiel’s Bank (Bonaire) N.V. in 1962. In 1993 “The Windward Islands Bank Ltd.” established a branch on the island of St. Eustatius. Effective November 1, 2022, The Windward Islands Bank branch in Statia continues as a branch of Maduro & Curiel’s Bank (Bonaire) N.V. and by the end of 2022 The Windward Islands Bank St. Maarten became a branch of Maduro & Curiel’s Bank Curaçao.

In 1970 Maduro & Curiel’s Bank affiliated with the well established Canadian Bank, The Bank of Nova Scotia, nowadays about 49% shareholder, which continues to be a highly valued partnership.

As a socially responsible corporate member of the communities served, Maduro & Curiel’s Bank always contributes in one way or another to important organizations, projects and events of a cultural, social, religious, sport, educational and environmental nature, which benefits the youth, neighborhoods and different charitable institutions.

The large MCB family with a workforce of 1,300 employees offers the latest in both local and international, personal and commercial banking services, including personal loans and mortgages, the largest ATM network in the Dutch Caribbean, electronic banking for both commercial and personal clients, mobile banking for personal clients, documentary import and export credit, debit and credit cards in local and foreign currencies, insurance services, investment and private banking, personal and commercial credit and debit cards, prepaid cards and the only local credit card Kompa Leon.

Since its founding MCB has been committed to excellence in serving its clients and its communities and will remain committed to do so for the coming years. This is what helps to make the MCB Group even more solid and effective as the leading financial organization on our Dutch Caribbean Islands. Maduro & Curiel’s Bank continues providing its customers with unparalleled and extraordinary service all year round, and is proud to offer everything you may expect from a modern and innovative commercial bank.

History card

Annual reports

Each year we submit our financials by means of a nicely presented Annual Report, in which we elaborate on a topic that we feel is important to our bank and/or community. Each year we submit our financials by means of a nicely presented Annual Report, in which we elaborate on a topic that we feel is important to our bank and/or community.

Annual reports

MCB Suppliers

COUPA is a platform that facilitates the management of orders, contracts and supplier information for both the Supplier and MCB.

Coupa
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